Attention Dogecoin holders! Let's take a look at some data and predictions for Dogecoin $DOGE :
In 2021: There were 300 million people playing with cryptocurrencies worldwide, and a total of 127.3 billion Dogecoins were issued, but there were only 5.3 million wallet addresses. This means that on average, each address holds over 20,000 Dogecoins. Looking at it this way, only a small portion of people, about 0.017% of cryptocurrency users, actually held Dogecoin. At that time, Dogecoin peaked at $0.8.
By 2024: The number of cryptocurrency users worldwide has increased to 560 million, and the total amount of Dogecoin has also increased slightly to 147 billion, with wallet addresses rising to 7.1 million. Now, each address has an average of just over 20,000 Dogecoins, and the proportion of Dogecoin holders has dropped to 0.012%. That year, the highest price for Dogecoin was $0.48. However, it is said that 2025 will be the big year for Dogecoin.
My prediction: By 2025, the number of cryptocurrency users worldwide could reach 650 million, the total amount of Dogecoin will be around 152 billion, but wallet addresses will soar to 10 million! At that time, the average number of Dogecoins per address will be just over 15,000, but the proportion of Dogecoin holders will rise to 0.05%. I also predict that in 2025, Dogecoin could reach a peak price of $1 to $1.6.
Let's talk about the inflation rate: Dogecoin was issued in large quantities early on, so the inflation rate was high, but it has decreased as fewer coins were issued later. Currently, 5 billion are issued annually, but compared to the number of cryptocurrency users, this increase is minimal and cannot meet demand! The inflation rate of the dollar is also decreasing, but we will wait and see how Dogecoin performs.
Looking at now, the second largest market cap, $ETH , is already $180 billion, while Dogecoin has $81.8 billion. Although the second position in market cap keeps changing, you understand the potential of Dogecoin.
In the future, the number of cryptocurrency users will continue to grow, possibly reaching 800 million to 1 billion by 2030. Especially with Musk's call, his more than 200 million followers, and daily updates on Dogecoin, the number of Dogecoin holders will definitely surge, possibly reaching 50 million to 100 million! At that time, the increase in Dogecoin issuance will be a minor issue and won't have much impact.
Regarding future strategies, I will lead everyone to target the lucrative opportunities in altcoins, especially those with great potential, where a projected growth of over ten times is not a problem. If you want to make big money in the bull market, like and comment to join me in strategizing for the entire bull market!
